Gorman Commercial FOR SALE

52-56 Mary Street, Preston

expression of interest

FREESTANDING OFFICE BUILDING WITH SECURE INCOME PLUS HUGE FUTURE UPSIDE

Gorman Commercial is pleased to offer for sale 52-56 Mary Street, Preston via Expressions of Interest closing on Wednesday 5th June at 2pm.

This freestanding office investment in the heart of the action in Preston presents an outstanding opportunity to secure income from a long-standing tenant with the future prospect for development.

Key features include:

* Current income: $205,890 pa + GST + outgoings
* Substantial 1,760 sqm* landholding
* Building area of 1,276 sqm*
* 39 car parks on title plus adjoining council car park
* Zoning: Priority Development
* Huge future development potential (STCA)
* NABERS Rating 4.5 stars

52-56 Mary Street, Preston Perfectly positioned directly opposite Preston City Oval benefiting from an adjoining council carpark and easy access to Preston Train Station. Furthermore, the property is on the door step of the iconic Preston Market.

Listing Highlights

  • Current income: $205,890 pa
  • Land area: 1,760 sqm
  • Building area: 1,276 sqm

Property Details

Asset Type
Offices
Building Area
1,276 m2*
Land Area
1,760 m2*
Car Parking
39 spaces
Price
Contact Agent

Stephen Gorman

0418 321 828

sgorman@gormancommercial.com.au